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4 Mar 2016, 9:35 am
The biggest settlement in U.S. history under the Anti-Kickback Statute was recently entered into by Olympus Corporation of the Americas (“Olympus”), a medical device company headquartered in Center Valley, Pennsylvania. [read post]
28 Apr 2016, 7:11 am
According to Bloomberg News, the federal complaint alleged that “from 2006 to 2011, Olympus Corporation of the Americas sold $7 billion in medical equipment, fueled by $600 million procured by giving financial benefits to hospitals and doctors. [read post]
30 Aug 2017, 3:03 am
Olympus Corporation is facing charges of lawsuits for wrongful death of patients following a procedure with one of their scopes that led to infections. [read post]
14 Dec 2011, 7:38 am
The special committee formed to investigate recent events at Olympus Corp. has issued its report on what has turned into Japan's biggest corporate scandal in years, one which has brought the 92-year-old company to the brink of delisting. [read post]
10 Nov 2011, 11:14 pm
The poor corporate governance displayed within Olympus is closely entwined with the economic fate of Japan. [read post]
10 Nov 2011, 12:03 am
” In addition, the company also announced that its Standing Corporate Auditor had resigned. [read post]
24 Mar 2016, 9:01 am
Corporate Integrity Agreement In addition to the criminal and civil resolutions, Olympus executed a corporate integrity agreement (CIA) with the Department of Health and Human Services-Office of Inspector General (HHS-OIG). [read post]
7 Mar 2016, 6:55 am
Department of Justice announced last week that Olympus Corporation of the Americas (OCA) agreed to pay $646 million to resolve three cases relating to its longstanding practice to bribe doctors and hospitals in the U.S. and abroad. [read post]
7 Mar 2016, 6:55 am
Department of Justice announced last week that Olympus Corporation of the Americas (OCA) agreed to pay $646 million to resolve three cases relating to its longstanding practice to bribe doctors and hospitals in the U.S. and abroad. [read post]
7 Mar 2016, 6:55 am
Department of Justice announced last week that Olympus Corporation of the Americas (OCA) agreed to pay $646 million to resolve three cases relating to its longstanding practice to bribe doctors and hospitals in the U.S. and abroad. [read post]
14 Aug 2012, 10:32 am
Pender issued Order No. 22 granting Respondents General Imaging Company, JVC Kenwood Corporation and JVC Americas Corporation, Olympus Corporation and the Olympus Corporation of the Americas, Panasonic Corporation and Panasonic Corporation of North America, Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc., SANYO Electric Co., Ltd. and SANYO North America Corporation, VOXX International… [read post]
7 Mar 2012, 5:34 am
Olympus said it takes the commission’s decision seriously and will continue to strengthen its corporate governance. [read post]
23 Nov 2010, 6:51 am
Tennis Association is suing Olympus Corporation of the Americas for $11.65 million for breach of contract, saying the camera company wants to get out of their sponsorship agreement for 2011. [read post]
2 Jan 2016, 11:22 am
Unfortunately, the use of a contaminated duodenoscope or scope, manufactured by Olympus Corporation. of the Americas, the device used in the procedure, led to a superbug outbreak at Ronald Reagan UCLA Medical Center. [read post]
21 Dec 2006, 8:02 am
Bastian Material Handling Corporation, et al. [read post]
31 Jan 2010, 2:29 am
§ 6306(d) barred Olympus from pursing a claim for contribution for any amount greater than CJR’s pro rata share of the Fraud Award and that any claims for pro rata contribution and to pierce the corporate veil were not ripe. [read post]
1 Feb 2016, 4:26 am
Unfortunately, the use of a contaminated duodenoscope or scope, manufactured by Olympus Corporation. of the Americas, the device used in the procedure, led to a superbug outbreak at Ronald Reagan UCLA Medical Center. [read post]
14 Nov 2011, 6:53 pm
The similarity here is with the recent scandal that has erupted involving Olympus, the Japanese company, where losses were masked for several years before they were recently discovered and made public. [read post]
7 Dec 2011, 7:57 am
Today's WSJ article about the Olympus scandal (here) proves that we haven't learned anything, really, about avoiding corporate scandals. [read post]
4 Nov 2011, 2:00 am
Today we continue our weekly installment highlighting the best of the corporate and securities blogosphere for the past week. [read post]